Inky Posted September 16, 2019 Share Posted September 16, 2019 5 Link to comment Share on other sites More sharing options...
Flojomojo Posted September 16, 2019 Share Posted September 16, 2019 5 4 Link to comment Share on other sites More sharing options...
digdugnate Posted September 16, 2019 Share Posted September 16, 2019 48 minutes ago, x=usr(1536) said: Every time I see the hand-down-the-back-of-the-pants photo, I can't help but think of chocolate-covered pretzels (naughty words make this possibly NSFW): it's funny you mention the scene from Mallrats, because i said the same thing several pages back. Great minds think alike. 5 Link to comment Share on other sites More sharing options...
+Spriggy Posted September 16, 2019 Share Posted September 16, 2019 Oh Forrest Phelan. ???? It was a shoebox son! For those following Atari's financials and general company movers and shakers .... Information & proposed agenda regarding the Annual General Meeting of Shareholders So Freddy's getting a 3 year renewal of his term of office as Director. David Copperfield eat your heart out! 5 Link to comment Share on other sites More sharing options...
digdugnate Posted September 16, 2019 Share Posted September 16, 2019 The Atari_VCS_Official user account on Reddit has deleted pretty much all their interactions with folks on Reddit. You'll note there's significantly fewer than before. Most of the comments through the threads are marked as 'deleted' not 'removed'. 2 Link to comment Share on other sites More sharing options...
Flojomojo Posted September 16, 2019 Share Posted September 16, 2019 1 hour ago, Spriggy said: So Freddy's getting a 3 year renewal of his term of office as Director. David Copperfield eat your heart out! "On a parent company Basis, Atari generated a net loss of €(895,347.13). The Board proposes to allocate the results to the carry forward account." Doh. That's not a good sign for a software-only company. Whose bright idea was it to get into the much riskier hardware game? 2 Link to comment Share on other sites More sharing options...
mgman Posted September 16, 2019 Share Posted September 16, 2019 You can find records of deleted posts in threads by replacing the reddit with removeddit in the url, in case anyone's interested. 3 1 Link to comment Share on other sites More sharing options...
PlaysWithWolves Posted September 16, 2019 Share Posted September 16, 2019 4 minutes ago, Flojomojo said: "On a parent company Basis, Atari generated a net loss of €(895,347.13). 1 Link to comment Share on other sites More sharing options...
TACODON Posted September 16, 2019 Share Posted September 16, 2019 I guess no extravagant Biffy-Awards after-party this year! 2 Link to comment Share on other sites More sharing options...
JBerel Posted September 16, 2019 Share Posted September 16, 2019 58 minutes ago, Spriggy said: For those following Atari's financials and general company movers and shakers .... Information & proposed agenda regarding the Annual General Meeting of Shareholders So Freddy's getting a 3 year renewal of his term of office as Director. David Copperfield eat your heart out! I love how their board is granting themselves authority to trade in the company's own shares, to reduce share capital, increase the number of shares at will, and issue shares for in kind work. I'm no expert, but that sure smacks of them giving themselves authority to effectively manipulate the stock value at will and use it like Monopoly money. I wonder if they actually have any significant stock holders that would even attend the meeting, vote, and/or understand what they were voting on. It sounds like just a few guys going through the motions to comply with the law with little or no real participation by the majority of their shareholders. I'm not even sure how their shareholders are much of a factor except the speculate in their stock and take a bath every time they manipulate the shares and resulting value. Sounds very hinky, and further suspect of them trying to establish a clean exit. Link to comment Share on other sites More sharing options...
digdugnate Posted September 16, 2019 Share Posted September 16, 2019 8 minutes ago, mgman said: You can find records of deleted posts in threads by replacing the reddit with removeddit in the url, in case anyone's interested. correct- not super secret, and not always working. there's other ways, but this is the easiest. 3 Link to comment Share on other sites More sharing options...
+Spriggy Posted September 16, 2019 Share Posted September 16, 2019 34 minutes ago, JBerel said: I love how their board is granting themselves authority to trade in the company's own shares, to reduce share capital, increase the number of shares at will, and issue shares for in kind work. I'm no expert, but that sure smacks of them giving themselves authority to effectively manipulate the stock value at will and use it like Monopoly money. I wonder if they actually have any significant stock holders that would even attend the meeting, vote, and/or understand what they were voting on. It sounds like just a few guys going through the motions to comply with the law with little or no real participation by the majority of their shareholders. I'm not even sure how their shareholders are much of a factor except the speculate in their stock and take a bath every time they manipulate the shares and resulting value. Sounds very hinky, and further suspect of them trying to establish a clean exit. Yup. Definitely smells of month old cool-aid. The whole agenda appears to revolve around giving the board the powers needed to fiddle with their stocks and try and make some spondoolies to keep the company afloat or at least move towards a net gain. Link to comment Share on other sites More sharing options...
JBerel Posted September 16, 2019 Share Posted September 16, 2019 (edited) Quote From Shareholder Information Document- The RollerCoaster Tycoon license accounted for approximately 53% of revenue in 2018/2019 and expires in 2022 given the renewal obtained in May 2017. In any case, the Group is working to launch new franchises. At this stage, the Group considers that the loss of a license (by non-renewal or termination of contract) such as RollerCoaster Tycoon could, on its own, have a significant impact on its business or result. In addition, the simultaneous loss of several licenses could significantly affect the Group’s financial position, business, or result, since such losses would not be offset by new licenses having the same economic impact. Atari derives most of its revenue from the mobile gaming activities of Apple’s iOS and Google’s Android platforms, and if Atari is unable to maintain good relationships with these two companies, or if Apple’s App Store, Google’s Play Store, or Amazon’s App Store are unavailable for a significant period of time, Atari’s business would suffer. Although the Company pays particular attention to the quality of its games, it is nevertheless exposed to a risk of dependency related to the fact that it releases a small number of games, which correspond to a large portion of its business. The Company changed its corporate name in 2006, abandoning the “Infogrames” brand in favor of the well-known ATARI brand for all of the Group’s global sales operations. The ATARI brand is a synonym for video games worldwide, in all languages, it enjoys an incredible reputation, and is in and of itself the Group’s most important intellectual property asset. As such, it is relatively coveted by other market operators who may be able to express their interest in an acquisition for a transfer price that may be essential for the Group’s development. For the 2019/2020 financial year, the Atari Group has set three operational goals: • Expanding the games portfolio, preferably through organic growth, or through acquisitions depending on the opportunities; • Launch the Atari VCS; • Continuing development in the long run of applications at the intersection of entertainment and digital technology (particularly blockchain and online casinos). For the 2019/2020 financial year, as with previous financial years, the financial goal remains the improvement of profitability, while maximizing the valuation of the brand and of the portfolio of games. It is noteworthy that for the first half of the upcoming financial year business and results will be weaker than usual, as the efforts are focused on the second half of the year with the upcoming launch of the Atari VCS. Sounds like this AtariVCS debacle is going to put them under unless it sells impressive numbers in post-crowdfunded world. They're definitely banking on amping the value of the Atari brand to the highest bidder, but may be forced to unload it at any price as it's without question their only tangible asset. After all, they got it at a fire sale, and they've spent the last several years shaking the coins out of it. They know how it's going to end. Edited September 16, 2019 by JBerel 2 Link to comment Share on other sites More sharing options...
racerx Posted September 16, 2019 Share Posted September 16, 2019 My only regret in getting banned from the FB page is that I won't be there to enjoy the coming months' denouement. 2 Link to comment Share on other sites More sharing options...
+Spriggy Posted September 16, 2019 Share Posted September 16, 2019 15 minutes ago, JBerel said: Sounds like this AtariVCS debacle is going to put them under unless it sells impressive numbers in post-crowdfunded world. Well. They don't sound too confident in that write-up. One license accounting for just over half of their revenue? Dependency = Alert Alert! Link to comment Share on other sites More sharing options...
Flojomojo Posted September 16, 2019 Share Posted September 16, 2019 1 hour ago, mgman said: You can find records of deleted posts in threads by replacing the reddit with removeddit in the url, in case anyone's interested. 1 hour ago, digdugnate said: correct- not super secret, and not always working. there's other ways, but this is the easiest. They thought they could erase the evidence of their empty promises. Now they look even worse. Hey Atari VCS Official is a good one Quote Hello! We currently have announcements in the works. Some pretty exciting stuff, and lots of news out of China! We're working hard with our developers and will have some big stuff to show you guys soon. Well aware the clock is ticking! Quote We are working with MANY developers right now; we cannot work with everyone who sends us an inquiry, however. That doesn't excuse the fact that he has not seen a response, which is why I mentioned or recent migration to a new CRM. No one has lied, despite the accusations. That said, developers are also free to develop and submit projects once the SDK is live and the Atari Store is open, stable, and accepting broad submissions. This feature will be fine tuned during the months between backers receiving their systems and full retail launch in March, which we've dubbed as the VCS' "Early Access" phase. so is Hey Atari VCS Team, with the big speech about "there is a protocol" Quote Sincerely sorry about longer response times -- we have been SO busy on the project, GAMES and otherwise [narrator voice: They never responded.] Quote The information you've mentioned isn't a "secret" in the sense that it's never going to be announced. It's going to be announced. There is a protocol for this type of thing, as I've explained in several other posts in different threads on here. I totally understand the concern and frustration, and it's hard to backtrack and think of this from a different perspective, I do understand. As for gameplay/UI footage, that's not my call to make, nor is it something I can just dish out to everyone who asks. It's something that is being worked on, and will likely be an official announcement via PR, not something I can share until that date and time it would be released. Of course, this is speculation, but at this time there is nothing I can show you that's been signed off on. Once I can start teasing an announcement, I surely will. and It's Almost Halfway Through Summer Quote Hey there! As I've mentioned before, we will have more game announcements later this summer. Summer Just started! Totally understand the frustration, but know that your patience is greatly appreciated. We are working with developers and there is a TON of work going on behind the scenes to be able to get you guys the best system we can. We are buried in work with how overwhelmingly positive the response from developers has been! We love you guys - the community - and know that we wouldn't still be thriving as a company and a brand without you. We've been very upfront in saying that we have more announcements coming soon. I think a lot of frustration stems from the fact that the announcements have been rolling out in waves, but I get it! On the other hand, how much fun would it be if everything got announced at once? To provide some clarity on gaming on the system in general - understand that the VCS isn't meant to be "just another console" or likewise, where exclusives are the only thing that sells the system - we are going for the opposite of that. Sure, that's there, but it isn't the main focus. We want the VCS to be viewed as a powerful mini-PC for the living room, capable of gaming, streaming, creating, and so much more! You can customize the system to your heart's desire, while still having the ability to come back to the Atari World and play in a playground that we've designed. Your possibilities are -endless- in Sandbox Mode; there are no restrictions on your gaming! For that reason - we aren't leaning heavily on the exclusives - yet - because we want to showcase the other features of the system that set it apart. Consoles are not one size fits all, and the Atari VCS aims to bridge that gaps and provide the freedom where consoles cut players off. That said, we will have more announcements soon. Game-related and otherwise! I know you all are sick of hearing that from me, but that's what I have for you for now. As soon as I get the green light to reveal more or start hyping you guys up, you best believe I jump on here first to give you the scoop! [narrator's voice: With just 6 days to go, the UberStrategist thought it would be a good idea to delete all of the promises made in public.] Quote We have some announcements in the works, but nothing I can reveal just yet! 5 Link to comment Share on other sites More sharing options...
Flojomojo Posted September 16, 2019 Share Posted September 16, 2019 17 minutes ago, JBerel said: Sounds like this AtariVCS debacle is going to put them under unless it sells impressive numbers in post-crowdfunded world. They're definitely banking on amping the value of the Atari brand to the highest bidder, but may be forced to unload it at any price as it's without question their only tangible asset. After all, they got it at a fire sale, and they've spent the last several years shaking the coins out of it. They know how it's going to end. I think we all know how it's going to end ... but when? They've been hanging on for so long now. A "this is a very difficult message to write" message by December doesn't seem like it's out of the question. 8 minutes ago, racerx said: My only regret in getting banned from the FB page is that I won't be there to enjoy the coming months' denouement. No worries, the loyal opposition will be along for the ride and will clip the juiciest bits of hypocrisy. I already miss your comments on their page. 2 Link to comment Share on other sites More sharing options...
JBerel Posted September 16, 2019 Share Posted September 16, 2019 5 minutes ago, racerx said: My only regret in getting banned from the FB page is that I won't be there to enjoy the coming months' denouement. Based on their inability to communicate and execute on their VCS project so far, it would be one of the greatest comebacks in all history if they can even muster a competent product launch. Everything they have proposed, where they bother to have a consistent message, wreaks of an embarrassing debacle that will reveal them as pitifully out of touch, unreliable and incapable of being trusted. If one assumes the best possible outcome based on information to date, and overlooks all the egregious errors in judgement, the outcome will not be a positive business development for their company. At this point, it's just a matter of how big a financial loss they'll make it. It will definitely be a huge branding fail, but if they don't front money on more production beyond the original backers, they may not hemorrhage cash. They're still going to snatch defeat from the jaws of victory in either case. 1 Link to comment Share on other sites More sharing options...
The Historian Posted September 16, 2019 Share Posted September 16, 2019 1 hour ago, digdugnate said: The Atari_VCS_Official user account on Reddit has deleted pretty much all their interactions with folks on Reddit. You'll note there's significantly fewer than before. Most of the comments through the threads are marked as 'deleted' not 'removed'. Weird that they would leave that one comment. 4 Link to comment Share on other sites More sharing options...
roots.genoa Posted September 16, 2019 Share Posted September 16, 2019 5 minutes ago, JBerel said: it would be one of the greatest comebacks in all history if they can even muster a competent product launch It would indeed. To me the best outcome would be that another company buys Atari, refunds every backer and then tries to rebuild the brand properly. But I'm not even sure it's worth the money and effort now... 2 Link to comment Share on other sites More sharing options...
JBerel Posted September 16, 2019 Share Posted September 16, 2019 1 minute ago, Flojomojo said: I think we all know how it's going to end ... but when? They've been hanging on for so long now. A "this is a very difficult message to write" message by December doesn't seem like it's out of the question. No worries, the loyal opposition will be along for the ride and will clip the juiciest bits of hypocrisy. I already miss your comments on their page. Yeah, it's telling that they are actively scrubbing their own social media posts from the net now, and assuring everybody that everything is alright, while continuing to deliberately avoid saying anything about any kind of tangible progress whatsoever. They could calm their backers down in 5 minutes with a genuine picture of something they have, if they had anything at all. If they communicate something in the next week, look for more promises and other statements that cannot be substantiated with any verifiable evidence. 2 Link to comment Share on other sites More sharing options...
digdugnate Posted September 16, 2019 Share Posted September 16, 2019 news.. news would be good. 2 Link to comment Share on other sites More sharing options...
Flojomojo Posted September 16, 2019 Share Posted September 16, 2019 4 minutes ago, digdugnate said: news.. news would be good. I know who's ready. These jackals are ready for blood or mucous, or bile, or semen, or urine, or .... just about anything, really. Arthur Heeley is my spirit animal. 1 3 Link to comment Share on other sites More sharing options...
digdugnate Posted September 16, 2019 Share Posted September 16, 2019 Arthur oughta be careful, he's walking the fine line for the Supporter group 1 3 Link to comment Share on other sites More sharing options...
TACODON Posted September 16, 2019 Share Posted September 16, 2019 I'm sure the Werner Bros are watching them. The one claims to keep notes. Link to comment Share on other sites More sharing options...
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